Breitbart Business Digest: Good News Is Bad News in Biden’s Economy
As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.
Raphael Bostic
Bostic Says Fed Should Wait Until November or December To Cut Rates
The Atlanta Fed said inflation is falling much more slowly than expected, so the Fed will probably not cut rates until the end of the year.
Atlanta Fed’s Bostic Warns Rate Cut Could Reignite Inflation
Raphael Bostic warned on Monday that a premature Fed cut could spark an economic boom that would send inflation higher again.
Breitbart Business Digest: The Fed Has An Opportunity to Fight Back
Will the Fed defend the position it staked out in December or capitulate to the view of bond traders?
Breitbart Business Digest: Biden Shows Up Late with a Supply Chain Council
The most striking thing about President Biden announcing a special White House council on supply chains is that it took until this Monday to happen.
Atlanta Fed President: We Have Broad-Based Inflation and Fed Will Be Restricting ‘Well into 2024’
During an interview with Bloomberg on Friday, Atlanta Federal Reserve President Raphael Bostic predicted that “it will just take a while” for inflation to hit 2% and the Federal Reserve will be in a restrictive stance “well into 2024,” and
Atlanta Fed President: Future Stimulus Spending on Things Like Infrastructure Will Have Inflationary Impact
During an interview with Bloomberg on Friday, Atlanta Federal Reserve President Raphael Bostic stated that unspent stimulus on things like infrastructure will put upward pressure on inflation, but if it’s spent on things that increase productivity, it will be “much
Breitbart Business Digest: The Market Is More Dovish Than the Fed’s Top Dove
Federal Reserve officials are working overtime to jawbone the market away from the conviction that the Fed will cut rates several times this year.
Atlanta Fed Pres.: I ‘Probably’ Wouldn’t Cut Rates Even if There’s a Recession, Won’t Be Thinking About Cuts Until ‘Well into 2024’
On Monday’s broadcast of CNBC’s “Squawk Box,” Atlanta Federal Reserve President Raphael Bostic said that he won’t be thinking about cutting interest rates “until well into” next year and that he probably wouldn’t cut interest rates if there was a
Atlanta Fed Pres.: We’ve Done ‘Easiest Part’ on Reducing Inflation, ‘Now, It’s Going to Take Some Time’
On Monday’s broadcast of CNBC’s “Squawk Box,” Atlanta Federal Reserve President Raphael Bostic stated that inflation is “not going to come down very quickly,” and that while there has been progress, the Fed has done “the easiest part of inflation
Atlanta Fed Chief Bostic: Central Bank Working to Avoid ‘Deep, Deep Pain’
“We need to have a slowdown. There’s no question about that. But I do think that we’re going to do all we can at the Federal Reserve to avoid deep, deep pain,” Bostic said.
Market Now Sees 100 Basis Point Fed Hike This Month
The hotter-than-expected inflation report has increased expectations for a super-sized Fed hike at the end of this month.
Breitbart Business Digest: The Public Demands Action to Fight Inflation
Joe Biden is discovering a political truth that no president has had to confront in decades: Americans hate inflation.
Bostic Says Fed Could Hike a Half-Point in March If Inflation Strengthens
Raphael Bostic said that all seven meetings this year are “live” and all options on the table.
Atlanta Fed Bank President: Business Leaders Tell Me Supply Chain Issues Will Last Until ‘Middle of 2022,’ Possibly Into 3rd, 4th Quarter
On Friday’s broadcast of the Fox News Channel’s “Your World,” Federal Reserve Bank of Atlanta President Raphael Bostic stated that business leaders he talks to think the supply chain issues will be resolved in “the middle of 2022, maybe into
Atlanta Fed’s Bostic Says Inflation Is Not ‘Transitory’
The Atlanta Fed president says it is becoming increasingly clear that the intense and widespread supply chain disruptions will not be brief.
Inflation Expectations Hit Record High in Fed Survey
The American public does not believe inflation will prove transitory.
Fed Hints at Shift Away From Pandemic’s Easy Money Policies
Fed officials discussed planning to have future discussiont to plan shrinking its $120 billion monthly bond-buying program, minutes from the central bank’s April meeting show.
